The Finnish Ministry of Finance has reportedly released revised draft legislation for the implementation of Country-by-Country (CbC) reporting ({News-2016-01-14/P/3- previous coverage}). The revised draft takes into account the recent adoption of the directive amending the EU Directive on Administrative Cooperation to require that EU Member States implement CbC reporting requirements and exchange the reports with other Member States ({News-2016-06-07/A/2- previous coverage}). Subject to approval, Finland's CbC reporting requirements will apply for fiscal years beginning on or after 1 January 2016 for MNE groups meeting a consolidated group revenue threshold of EUR 750 million in the previous year. Additional details of...